An online resource for Latino business owners that provides an overview of the different kinds of financing, a list of capital providers, especially those that are focused on funding Latino entrepreneurs, and other resources to support Latino companies in raising funds.
An Initiative of the Aspen Institute’s Forum on Latino Business Growth; Hosted by Next Wave Impact
(This is a work in progress. Please send resources to include to info@nextwaveimpact.com)
For some Latino business owners, a lack of knowledge about the various sources of available financing may be preventing them from accessing the capital they need to scale. The goal of this initiative is to create an interactive, online business support site where Latino entrepreneurs can access objective, aggregated information about capital options and providers (debt, equity, and alternatives) and assess which choices are the best fit for the size and stage of their company. We hope this resource will make it easier to identify possible funding sources.
Company Categories by Target Revenue Size (not current revenue):
. . . $1 million to $3 million in revenue = Rabbit
. . . $3 million to $10 million in revenue = Zebra
. . . $10 million to $100 million in revenue = Gazelle
. . . $100 million to $1 billion or more in revenue = Unicorn
Financial Institutions:
Online Lenders:
Camino Financial | https://www.caminofinancial.com/ |
OnDeck | https://www.ondeck.com/ |
Prosper | www.prosper.com |
Lending Club | www.lendingclub.com |
Kabbage | www.kabbage.com |
Specialized Debt Funds:
iFund Women | https://ifundwomen.com/ |
Kiva US | https://www.kiva.org/borrow |
SheEO | https://sheeo.world/ |
Small Business Community Capital | https://www.sbccfund.com/ |
Angel Investors
Astia | www.astia.com |
Golden Seeds | https://goldenseeds.com/ |
Pipeline Angels | www.pipelineangels.com |
Social Venture Circle | https://www.svcimpact.org |
Venture Capital Funds
Small Business Community Capital: https://www.sbccfund.com/
Revenue Based Financing
Earnest Capital | https://earnestcapital.com/ |
Indie VC | https://www.indie.vc/ |
Lighter Capital | https://www.lightercapital.com/ |
Founders First Capital Partners | https://foundersfirstcapitalpartners.com/ |
Accelerators
Hillman Accelerator | https://hill7.org/ |
Upstart | https://upstartlab.org/ |
digitalundivided (DID) | https://www.digitalundivided.com/ |
Camelback Ventures | http://www.camelbackventures.com |
E Para Todos | https://eforall.org/es/ |
The Guayacán Venture Accelerator (GVA) is the only executive development program offered in Puerto Rico designed to rapidly propel the growth of existing companies.
Advising/Education/Mentoring:
Black & Brown Founders | https://blackandbrownfounders.com/ |
Suazo Center | https://suazocenter.org/ |
VC Include | https://www.vcinclude.com/ |
Rewards Based Crowdfunding:
Grants:
SBIR